DECEMBER 6, 2016

Full News Archive

• Headline: Avianca's Bidding War and Elliott's Role. Impact: As Avianca weighed its options, hedge fund managers discovered they could also moonlight as international diplomats. Who knew finance could come with a side of world peace negotiations? Now, hedge funds are a staple in the United Nations—right next to the snack table.. Fact: Elliott Management: because sometimes you just need a hedge fund to mediate your family brunch disputes..
• Headline: Elon Musk's Role in Job Creation Discussion. Impact: In a world where job creation is a hot topic, the mention of Elon Musk became the magic incantation. Future presidents will consult him for everything from job creation to picking the best avocado toast. Who knew a billionaire's breakfast could shape policy?. Fact: If Elon Musk had a nickel for every job he was told to create, he could literally buy a small country—perhaps one with better Wi-Fi..
• Headline: Cuomo Launches N.Y. Prison Bias Investigation. Impact: Cuomo's investigation into racial bias in prisons led to a nationwide movement where prison reform became a trendy topic at dinner parties. Suddenly, everyone had an opinion—because who doesn't love discussing systemic racism over wine?. Fact: Incarceration rates and systemic bias: the only thing more complicated than explaining the plot of 'Inception' at a party..
• Headline: Oakland’s ‘Ghost Ship,’ Site of Fire, Was a Motley Warehouse With a History. Impact: The Ghost Ship fire transformed the conversation about illegal housing into a full-blown horror movie plot. Suddenly, every abandoned building was a potential 'haunted' location, and real estate agents began offering 'spooky' tours.. Fact: Ghosts are now considered prime real estate agents in Oakland—because they really know how to sell 'vintage' properties..